Good evening - Many investors are crowding into the electric vehicle (EV) sector. Of course, that’s due, in part, to the fact that many companies have entered the EV sector. In addition to being known for the year of the “new normal,” 2020 was the year of the special purpose acquisition company. Dozens of EV companies have started to trade publicly. Some will actually deliver vehicles to actual people. Many, however, will not. That’s just the way the market works. And for many investors who have been late to the EV sector, things look a little frothy. But savvy investors have connected between what’s going on in the EV sector and what recently happened with the rollout of 5G technology. While many investors were looking at the wireless carriers with 5G products to sell, the real action was happening much further down the supply chain. That’s why investors who jumped into Advanced Micro Devices were richly rewarded. And today, looking down the EV supply chain brings investors to lithium. It’s not among the class of rare earth minerals. In fact, the mineral is abundantly supplied. But you have to be in the right area. For example, the lithium triangle region in Northwest Argentina is responsible for approximately 60% of global lithium output. China is another large player. Lithium plays a key role in current EV battery technology. And if there’s one thing that 2020 taught companies, it’s the importance of being in control of supply chains. That’s why Tesla and other EV manufacturers are keenly interested in ensuring they have an ample supply of this mineral. Not surprisingly, it’s also why lithium stocks have been on fire. The good news is that there’s still plenty of upsides to come. Many EV manufacturers are not going to be production-ready until 2022 at the earliest. Between now and then, they’ll need all the lithium they can manage. In this special presentation, we give you 7 stocks that should benefit as our electric vehicle future emerges. View the “7 Lithium Stocks to Play the EV Boom”
Matthew Paulson
MarketBeat.com | 
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